Regulator fines China Construction Bank over $1m for rule violations

Regulator fines China Construction Bank over $1m for rule violations

REUTERS/Petar Kujundzic

The Chinese banking regulator said on Saturday that it had fined a branch of the China Construction Bank (CCB), the country’s second-largest lender by assets, 7,313,511 yuan ($1.09 million) for rule violations.

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